Top MBA Colleges in Gurgaon

Top MBA Colleges in Gurgaon

Gurugram (previously known as Gurgaon) is one of the economic capitals of the country and a part of the Delhi - NCR Region, it is also home to a big number of well accredited universities and schools for management education and also known for its corporate environment and economic opportunities, hosts several top MBA colleges. These institutions offer comprehensive management education and are sought after by students aspiring for a career in business administration Thus, there are plenty of enticing options for pursuing an MBA in Gurgaon.

These colleges are ranked based on parameters like Perception of the University, Teacher-Student Ratio, Placement Reports, Faculty Quality, and many more. 

Here we have identified some of the top MBA colleges in Gurgaon  and business schools in Gurgaon based on national rankings, accreditations, courses affordability, price structure, scholarships and placement facilities.

List of Top MBA Colleges in Gurgaon:

The top MBA colleges in Gurgaon are highly regarded for their comprehensive management education, industry exposure, and placement opportunities. These colleges include;

List of Top MBA Colleges of Gurgaon According to NIRF Ranking 2023:

The NIRF (National Institutional Ranking Framework) Ranking 2023 has identified several top MBA colleges in Gurgaon . These rankings provide valuable insights for students and professionals seeking admissions or career opportunities in the management domain. Some of the top MBA colleges in Gurgaon according to the NIRF Ranking 2023 include:

S.No

NIRF Ranking

Name of College

1.

13th

Management Development Institute

2.

62nd

Great Lake institute of Management

3.

72nd

BML Munjal University

4.

81st

Amity University

Entrance Exams Accepted by Top MBA Colleges in Gurgaon 

The top MBA colleges in Gurgaon accept various entrance exams for admission to their programs. Below we have listed below the entrance exams accepted by the colleges:

Top MBA Colleges in Gurgaon : Eligibility, Admission Criteria, Scholarship Details and Reviews

1.Management Development Institute (MDI)

  • Eligibility- Candidates must have a bachelor’s degree or equivalent in any discipline with a minimum of 50% marks or equivalent CGPA. Candidates must have valid scores in entrance exams such as CAT and GMAT.
  • Admission Criteria- Entrance Based
  • Scholarship – Students at MDI Gurgaon are eligible for a variety of scholarships. The FPM scholarship, which pays INR 60,000 a month, is available to non-MBA and MBA students for a maximum of four and three years, respectively. Ten students will receive the MDI Gurgaon Merit cum Means Scholarship, which includes a 50% tuition waiver. Students enrolling full-time in MDI Gurgaon's 2-year program, which comprises the PGDM/PGDM-HRM/PGDM-IB courses, are eligible for this award. For a family to be eligible for the MDI Gurgaon Merit cum Means Scholarship, their yearly income must not be less than INR 8,00,000.
  • Reviews –5/5.0

2. Great Lakes Institute of Management -

  • Eligibility- Minimum Graduate from any recognized University/ Institute with at least 50% aggregate marks/ only freshers and candidates with less than 24 months of work experience are eligible to apply.
  • Admission Criteria- entrance based
  • Scholarship-  In honor of Dr. Bala V. Balachandran (1937–2021), the founder of the Great Lakes Institute of Management, the Dr. Bala V. Balachandran Merit Scholarship was established. The scholarship program aims to identify applicants who possess remarkable potential and a proven track record, and it supports them in their quest for excellence at Great Lakes. With full tuition fee waivers (Rs. 10.9 lakhs for PGPM 2022–23) and access to mentorship from CXOs and accomplished alumni, the Dr. Bala V. Balachandran Merit Scholarships provide recipients with excellent learning opportunities and networking experiences. Great Lakes is offering diversity and merit scholarships to one year PGPM students to encourage diversity of perspectives and commitment to excellence. A total of 40 diversity and merit based scholarships worth Rs.5 lakhs each will be awarded for the Class of 2023-24 and minimum of 30% of the scholarships would be for female students. Candidates will be shortlisted based on their application form, essays and interview assessment and there is no separate application process.
  • Reviews- 4.4/5.0

3. BML Munjal University -

  • Eligibility- Bachelor’s degree in any discipline, with a percentage of 50% or more / an equivalent grade. Final-year undergraduate students can apply. For Business Analytics, applicants with B.Tech/BCA/MCA/B.Sc/B.Sc (Economics) or any other degree from a recognized institution with computer science as one of the electives will be preferred
  • Admission Criteria- Entrance Based.
  • ScholarshipBMU offers limited scholarships on merit, Other Scholarships-
    1. Ishan Uday: Scholarship Scheme by University Grant Commission (UGC) for North Eastern Region,
    2. Scholarship by Ministry of Human Resource Development (MHRD): Central sector Scholarship scheme for the colleges and University students. Hero Group Employees Ward’s Scholarship – This scholarship is a welfare measure for the wards of serving employees of the Hero Group companies.
    3. Sports Scholarship – In recognition of talented young sportspersons, BML Munjal University is pleased to grant scholarship meritorious applicants and Haryana Domicile Scholarship.
  • Reviews- 4.2/5.

4. Amity University -

  • Eligibility- graduation degree with minimum aggregate of 50% of marks.
  • Admission Criteria- Entrance based.
  • Scholarship- Scholarships are awarded based on merit for deserving applicants. Candidates with 10+2 scores of 93% or higher are eligible for a 100% scholarship.50% Scholarship awarded to individuals with a 10+2 grade point average of 88% or higher. Candidates with graduation grades of 93% or higher are eligible for a 100% scholarship. Candidates with graduation scores of 88% or higher are eligible for a 50% scholarship. Candidates with CAT/MAT scores of at least 85% or 700 will receive a 20% scholarship.
  • Reviews- 3/5.0

5. IILM University -

  • Eligibility- A bachelor’s degree in any discipline from a university/institution recognized by the UGC or equivalent bodies with a minimum score of 50% in aggregate or an equivalent grade and Test scores in any of the following national level tests conducted in the current year.
  • Admission Criteria- Entrance Based
  • Scholarship- The university provides merit-based scholarships to deserving candidates. The scholarship amount varies based on the eligibility criteria, which includes 10th/12th marks, graduation marks, entrance exam percentile, and past work experience. The university provides merit-based scholarships to deserving candidates. The scholarship amount varies based on the eligibility criteria, which includes 10th /12th marks, graduation marks, entrance exam percentile, and past work experience.
  • Reviews- 4/5.0 

6. G.D Goenka University -

  • Eligibility- Aspirants seeking admission to 2-year Full-time MBA Program must have completed a Bachelor’s degree from a recognized university.
  • Admission Criteria- Entrance Based
  • Scholarship- GD Goenka University, Gurgaon offers a range of scholarships to deserving students. The scholarships are awarded based on the student’s academic performance, sports achievements, and financial need.
  • Reviews- 1/5.0

7. SOIL Institute of Management -

  • Eligibility- Graduation with minimum aggregate of 60% of
  • Admission Criteria- Entrance Based
  • Scholarship- SOIL Institute of Management, Gurgaon is a private business school that offers scholarships worth 2 crores for all SOIL programs in total for the academic year 2024-25. The scholarships are awarded based on merit, need, and other criteria such as exceptional work in NGOs, women in leadership, and more.Ssome of the scholarships offered by SOIL Institute of Management, Gurgaon: Need – Based Scholarship, Merit – Based Scholarship, Capt. Vikram Batra Scholarships For Defence, Outstanding Work In NGOs/Teach For India/AIESEC Scholarships, Women In Leadership Scholarships, Earn While You Learn (Research Assistantship).
  • Reviews- 4.2/5.0

8. JK Business School -

  • Eligibility- The candidate must have a valid score in any of the following national-level entrance exams: CAT/MAT/CMAT/AMAT/XAT/GMAT. The candidate must have a minimum of 50% marks in graduation from a recognized university.
  • Admission Criteria-   Entrance Based
  • Scholarship- In order to motivate students to seek higher education, JK Business School offers scholarships. The scholarships are given out in accordance with need, merit, and other standards. Available scholarship in JK Business School are- Entrance Examination Based Scholarship, Dean's Rolling Scholarship, Govind Hari Singhania Global Immersion Scholarship and  JK Employees Scholarship.
  • Reviews- 2/5.0

9. IBMR Business School -

  • Eligibility-The Applicants must have completed Graduation in any discipline with at least 50% aggregate marks. In addition to Graduation, a valid score card of CAT/ XAT / ICAT / MAT / ATMA / GMAT / GRE is compulsory
  • Admission Criteria- merit and entrance based.
  • Scholarship- IBMR provides meritorious scholarship to the students based on their previous academic performance, for PG (MBA) Courses scholarship will be given based on students graduation marks or percent, such as- 
    1. Graduation score > or equal to 95%, 30,000/- scholarship.
    2. Graduation score > or equal to 85%, 20,000/- scholarship.
    3. Graduation score > or equal to 75%, 10,000/- scholarship.
  • Reviews- 4/5.0

10. KR Mangalam University -

  • Eligibility – Bachelor’s degree or equivalent from a recognized University with a minimum of 50% marks in aggregate.
  • Admission Criteria- Entrance Based
  • Scholarships- For the batch 2022–2023, KRMU Gurgaon offers scholarships in the following categories: UG, PG, Other, and Alumni. At KRMU, scholarships are offered in both merit-based and other categories. Only the first year is eligible for the scholarships, which take the form of waivers for tuition fees.
  • Reviews- 4.0/5.0

11. Gurugram University -

  • Eligibility- Candidate should have completed Master or Bachelor Degree in any discipline from a recognized University. Obtained at least 50% marks in aggregate (47.5% in case of SC/ST/Divyang candidates).
  • Admission Criteria- entrance based
  • Scholarships- Merit Based Scholarship
  • Reviews- 4.0/5.0

12. Global Institute of Technology and Management

  • Eligibility- Aspirants seeking admission in a 2-year full-time MBA program must have passed a graduation degree in any stream with 50% and/or Valid SAT, MAT, CAT, CMAT Score marks (47.5% for SC candidate).
  • Admission Criteria- Entrance Based
  • Scholarships- Scholarships are offered by GITM to deserving and worthy students. Scholarships from GITM Gurgaon are awarded to deserving applicants to motivate them to do well in the qualifying exam. Additionally, candidates may apply for scholarships for the government and the All India Council for Technical Education (AICTE).
  • Reviews- 4.0/5.0

13. ICFAI Business School (IBS) -

  • Eligibility- Graduation with minimum aggregate of 50% marks.
  • Admission Criteria- Entrance based
  • Scholarships- Students can apply for a variety of scholarships at Gurgaon's ICFAI Business School (IBS) depending on their academic performance and results on the entrance exam. Students who took the IBSAT-2023 exam and passed are eligible for scholarships from the institute. Both need- and merit-based scholarships are available at IBS.
  • Reviews- 1/5.0

14. North Cap University School of Management and Liberal Studies -

  • Eligibility- Candidate should have passed Bachelor’s Degree with overall 50% aggregate Must appear in any one of the National/International Tests CAT/CMAT/MAT/XAT/GMAT/NMAT/ Other National Level Test and Personal Interview.
  • Admission Criteria- Entrance Based
  • Scholarship- Students can apply for a variety of scholarships at the Northcap University, School of Management and Liberal Studies in Gurgaon, depending on their academic standing and results on the admission exam. Scholarships are offered by the institute to students who took the 12th board examination or national entrance exams like the SAT, JEE, CLAT, or LSAT.
  • Reviews- 4.2/5.0

15. Indus School of Business Management

  • Eligibility- Graduation with a minimum of 50% aggregate marks and obtained a valid score in CAT/ MAT/ XAT/ CMAT/ ATMA.
  • Admission Criteria- Entrance Based
  • Scholarship- NA
  • Reviews- 3.9/5.0

16. Apeejay Stya University School of Management Sciences - 

  • Eligibility – Graduation with minimum aggregate of 50% of marks.
  • Admission Criteria- Entrance Based
  • Scholarships- NA
  • Reviews- 3.8/5

17. Brij Mohan Institute of Management and Technology (BIMT) -

  • Eligibility- Who have completed their graduation with at least 50% marks (47.5% in case of SC/ST category) in any stream or appearing in the final year of graduation from a recognized university can apply for MBA.
  • Admission Criteria- entrance based
  • Scholarships-
  1. Merit Scholarships- ASU provides students with a number of financial assistance options and scholarships based on merit. These are offered to students who have passed qualifying exams or competitive exams with a minimal level of performance or to students who are actually unable to pay for their higher education. Every application is assessed individually by the financial aid and admissions committees.
  2. Grants & Fellowships- Numerous research grants and teaching fellowships, which cover anything from classroom instruction to serving as professors and research assistants in ongoing projects and academic programs, are available to students seeking for master's and doctoral programs.
  3. Scholarship for Dr. Stya Paul Memorial- The 100 top academic performers in the nation are given the chance to further their education and realize their aspirations at Apeejay Stya University through this esteemed award. These deserving students only need to pay a total of Rs. 20,000 in tuition fees annually for each year of their degree, since they receive a 90% scholarship for all bachelor's programs.
  • Reviews- 4.5/5.0

18. St. Andrews Institute of Technology and Management (SAITM) -

  • Eligibility- Candidates must have scored minimum aggregate marks of 50% in their graduation from any field from a recognized board/university.
  • Admission Criteria- Entrance Based
  • Scholarships- NA
  • Reviews- 0/5.0

19. Luxury Connect Business School (LCBS) -

  • Eligibility- Good communication skills with amiable personality. Command over spoken English. Knowledge of a foreign language is an added advantage, but is not compulsory.
  • Admission Criteria- Entrance- Based
  • Scholarships- NA
  • Reviews- 9/5.0

Top MBA Colleges in Gurgaon - Return On Investment (ROI)

The return on investment (ROI) is a crucial factor to consider when selecting a top MBA college in Gurgaon. It provides valuable insights into the profitability of joining a particular college and course, offering a comparison of the return on investment. The following are some of the top MBA colleges in Gurgaon ranked by ROI:

Name of College

Fee Structure- Approx (in Rs.)

Placement Details

Management Development Institute (MDI)

10,00,000 Per Annum

Highest CTC-INR  60 LPA

Great Lakes Institute of Management

17,05,000/-

Highest CTC- INR 19.03 LPA

Average CTC- INR 15.6 LPA

BML Munjal University

12,35,000/- (For Indian Students)

$ 24,700 (for foreign students)

Highest CTC-  INR 32.21 LPA

 

Amity University

4.08 Lakhs (first year )

-

IILM University

10,80,000/-

Highest CTC- INR 20.00  LPA

Average CTC- INR 8.6 LPA

G.D Goenka University

3,50,000 - 9,00,000/- (According to specializations)

Highest CTC- INR 17.5 LPA

Average CTC- INR 5.32 LPA

SOIL Institute of Management

14,80,000/- (30,000 Security Deposit – Refundable)

Highest CTC- INR 19.3 LPA

Average CTC- INR 10.3 LPA

JK Business School

7,99,000/- (10,000 Refundable)

Highest CTC- INR  24 LPA

Average CTC-

IBMR Business School

5,43,000/-

Highest CTC- INR 18  LPA

Average CTC-INR  8.00 LPA

KR Mangalam University

3,30,000/-

-

Gurugram University

60,000-1,00,000/-

Highest CTC –INR 6 LPA

Average CTC- INR 4 LPA

Global Institute of Technology and Management

90,000/- (First Year)

Highest CTC-INR 27 LPA

Average CTC- INR 14 LPA

ICFAI Business School

9,09,000/-

Highest CTC- INR 22.93 LPA (International)

12 LPA (International)

Average CTC- INR  9.90 LPA

North Cap University School of Management and liberal Studies

3,45,000/-

-

Indus School of Business Management

1,90,000/-(First year)

Highest CTC- INR 30 LPA

Average CTC- INR 7.5 LPA

Apeejay Stya University school of management science

-

Highest CTC – INR 12 LPA

Brij Mohan Institute of Management and Technology (BIMT)

1,62,500/-

Highest CTC- INR 56 LPA

Average CTC- INR 5.5 LPA

St. Andrew Institute of Technology and Management (SAITM)

1,25,000/- per year

Highest CTC- INR 10.00 LPA

Average CTC- INR 4.00 LPA

 

Luxury Connect Business School

9,50,000/-

Highest CTC- INR 8.50 LPA

Average CTC- INR 6.00 LPA

Specialization Offered by Top MBA Colleges in Gurgaon and its best opportunities-

An MBA is a two-year postgraduate program that covers both advanced and foundational subjects in the field of management. Human Resources, Finance, Marketing, Organizational Behavior, Management Principles, and so on are a few of the most popular MBA specializations provided in MBA colleges of Gurgaon. An individual can access a multitude of employment prospects by improving their skills and talents and becoming proficient enough to operate at managerial levels with an MBA from Gurgaon Management Colleges.

Conclusion-

Some of India's top MBA colleges are located in Gurgaon, a city in the state of Haryana. When compared to other places, pursuing an MBA in Gurgaon might yield superior learning experiences and results. Gurgaon is one of the most likely options for management education among Indian cities since it offers a strong managerial profile through affiliation with corporate enterprises, start-ups, and international corporations in addition to a significant number of top management colleges.

Frequently Asked Questions-

Q.1 Which college has the highest NIRF ranking among MBA colleges in Gurgaon?

Ans. According to the National Institutional Ranking Framework (NIRF) 2023, the Management Development Institute (MDI) has the highest NIRF ranking among MBA colleges in Gurgaon, it secured 13th place in management category ranking.

Q.2 What are the career options available after MBA in Gurgaon?

Ans. After completing an MBA From Gurgaon, there are various career options available in Chennai. Here are some of the popular ones- Marketing Manager, Financial Analyst, HR Manager, Operations Manager, Entrepreneur and many more.

Q.3 What are the specializations offered by MBA colleges in Gurgaon?

AnsMBA colleges in Gurgaon offer a wide range of specializations such as Human Resource Management, International Business, Post Graduate Diploma in Management (PGDM), and more

Q.4 How do the fee structures of the top MBA colleges in Gurgaon vary? Ans. Depending on the college, MBA programs in Gurgaon have different costs. Some colleges provide affordable degrees, whereas others charge more due to factors including infrastructure, industry collaborations, and academic experience. It is essential to take the institution's overall worth and reputation into account when evaluating the pricing structure.

Q.5 Are MBA programs industry-focused offered by the best universities in Gurgaon?

Ans. Yes, industry relevance is given great consideration in the curricula of the top MBA programs in Gurgaon. They regularly collaborate with leading companies to provide students a competitive edge and real-world experience, and they invite industry professionals to give guest lectures, case studies, and internships.

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